Can I retire at age 40 with 2,690,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,690,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.7%
1 years$222,138$220,159$218,229$216,344$214,504$212,088
2 years$109,969$107,921$105,936$104,012$102,145$99,712
3 years$72,585$70,528$68,548$66,641$64,805$62,431
4 years$53,896$51,845$49,885$48,011$46,219$43,924
5 years$42,686$40,647$38,713$36,877$35,135$32,924
6 years$35,215$33,192$31,286$29,491$27,801$25,677
7 years$29,880$27,874$25,999$24,246$22,610$20,573
8 years$25,881$23,893$22,049$20,340$18,757$16,808
9 years$22,773$20,803$18,991$17,325$15,796$13,934
10 years$20,287$18,337$16,557$14,934$13,459$11,683
11 years$18,255$16,325$14,576$12,997$11,575$9,883
12 years$16,562$14,652$12,936$11,400$10,031$8,421
13 years$15,132$13,241$11,557$10,065$8,747$7,218
14 years$13,906$12,036$10,384$8,934$7,668$6,217
15 years$12,845$10,995$9,376$7,968$6,751$5,377
16 years$11,918$10,088$8,500$7,134$5,967$4,666
17 years$11,100$9,290$7,735$6,410$5,291$4,061
18 years$10,374$8,585$7,061$5,777$4,704$3,543
19 years$9,726$7,956$6,464$5,220$4,193$3,098
20 years$9,142$7,393$5,932$4,728$3,745$2,713
21 years$8,616$6,887$5,457$4,291$3,352$2,381
22 years$8,137$6,428$5,029$3,901$3,004$2,092
23 years$7,701$6,012$4,644$3,553$2,697$1,840
24 years$7,302$5,633$4,295$3,240$2,424$1,620
25 years$6,935$5,286$3,978$2,959$2,181$1,428
26 years$6,597$4,968$3,689$2,706$1,965$1,259
27 years$6,285$4,676$3,426$2,477$1,771$1,112
28 years$5,995$4,406$3,185$2,269$1,598$982
29 years$5,726$4,157$2,963$2,081$1,443$868
30 years$5,476$3,925$2,760$1,910$1,304$767
31 years$5,242$3,711$2,573$1,754$1,179$678
32 years$5,023$3,511$2,401$1,612$1,066$600
33 years$4,817$3,325$2,242$1,482$965$531
34 years$4,625$3,152$2,095$1,364$874$470
35 years$4,443$2,989$1,958$1,256$791$417
36 years$4,272$2,837$1,832$1,156$717$369
37 years$4,111$2,695$1,715$1,065$650$327
38 years$3,959$2,561$1,606$982$589$290
39 years$3,814$2,435$1,504$905$534$257
40 years$3,678$2,317$1,410$835$485$228
41 years$3,548$2,205$1,322$771$440$202
42 years$3,425$2,100$1,240$711$399$179
43 years$3,308$2,001$1,164$656$362$159
44 years$3,196$1,908$1,092$606$329$141
45 years$3,090$1,819$1,026$560$298$125
46 years$2,989$1,735$963$517$271$111
47 years$2,892$1,656$905$478$246$98
48 years$2,799$1,581$851$441$223$87
49 years$2,711$1,510$799$408$203$77
50 years$2,626$1,442$752$377$184$68

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 40 starting with $2,690,000, adding $2,050 every year, while hoping to spend $21,141 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 74/18/8 Blend
39$2,690,000$2,690,000$2,690,000$2,690,000
40$2,966,495$2,823,925$2,782,230$3,182,181
41$3,246,583$2,939,803$2,852,940$3,440,455
42$3,554,532$3,060,651$2,925,311$3,720,445
43$3,893,161$3,186,690$2,999,376$4,026,576
44$4,265,576$3,318,150$3,075,168$4,361,428
45$4,675,200$3,455,275$3,152,721$4,727,839
46$5,125,804$3,598,316$3,232,071$5,128,937
47$5,621,542$3,747,539$3,313,250$5,568,161
48$6,166,991$3,903,221$3,396,297$6,049,301
49$6,767,196$4,065,650$3,481,244$6,576,526
50$7,427,713$4,235,131$3,568,130$7,154,429
51$8,154,667$4,411,979$3,656,989$7,788,066
52$8,954,804$4,596,527$3,747,859$8,483,005
53$9,835,558$4,789,121$3,840,776$9,245,377
54$10,805,121$4,990,124$3,935,778$10,081,934
55$11,872,519$5,199,916$4,032,903$11,000,111
56$13,047,698$5,418,894$4,132,187$12,008,097
57$14,341,617$5,647,473$4,233,669$13,114,911
58$15,766,352$5,886,089$4,337,387$14,330,486
59$17,335,209$6,135,197$4,443,378$15,665,762
60$19,062,851$6,395,273$4,551,683$17,132,790
61$20,965,436$6,666,815$4,662,338$18,744,842
62$23,060,767$6,950,345$4,775,382$20,516,539
63$25,368,462$7,246,409$4,890,855$22,463,987
64$27,910,141$7,555,579$5,008,794$24,604,926
65$30,709,624$7,878,451$5,129,238$26,958,898
66$33,793,164$8,215,653$5,252,225$29,547,431
67$37,189,686$8,567,840$5,377,794$32,394,243
68$40,931,066$8,935,696$5,505,982$35,525,459
69$45,052,430$9,319,941$5,636,828$38,969,863
70$49,592,485$9,721,324$5,770,369$42,759,164
71$54,593,884$10,140,634$5,906,641$46,928,297
72$60,103,628$10,578,694$6,045,682$51,515,750
73$66,173,514$11,036,365$6,187,528$56,563,927
74$72,860,616$11,514,551$6,332,214$62,119,545
75$80,227,831$12,014,196$6,479,775$68,234,076
76$88,344,467$12,536,289$6,630,245$74,964,230
77$97,286,903$13,081,868$6,783,658$82,372,490
78$107,139,303$13,652,015$6,940,047$90,527,699
79$117,994,416$14,247,868$7,099,442$99,505,708
80$129,954,448$14,870,614$7,261,875$109,390,092
81$143,132,027$15,521,501$7,427,374$120,272,936
82$157,651,271$16,201,831$7,595,967$132,255,700
83$173,648,949$16,912,970$7,767,681$145,450,182
84$191,275,785$17,656,348$7,942,541$159,979,562
85$210,697,869$18,433,463$8,120,570$175,979,572
86$232,098,232$19,245,883$8,301,790$193,599,765
87$255,678,571$20,095,251$8,486,220$213,004,935
88$281,661,154$20,983,287$8,673,877$234,376,663
89$310,290,917$21,911,792$8,864,776$257,915,031
90$341,837,775$22,882,655$9,058,931$283,840,507
91$376,599,175$23,897,852$9,256,352$312,396,027
92$414,902,896$24,959,452$9,457,045$343,849,281
93$457,110,151$26,069,625$9,661,016$378,495,240
94$503,618,992$27,230,642$9,868,265$416,658,937
95$554,868,068$28,444,882$10,078,791$458,698,532
96$611,340,768$29,714,838$10,292,587$505,008,688
97$673,569,782$31,043,121$10,509,645$556,024,296
98$742,142,131$32,432,466$10,729,950$612,224,577
99$817,704,710$33,885,738$10,953,485$674,137,598
100$900,970,390$35,405,939$11,180,226$742,345,259